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Republican Congressman Chris Collins Will Resign and Plead Guilty to Insider Trading

Republican Congressman Chris Collins Will Resign and Plead Guilty to Insider Trading

Chris Collins has served as the representative of New York’s 27th congressional district since 2013. In August of 2018, the Republican was arrested on charges of insider trading. Collins still ran for his seat during the fall of 2018 and won by less than a percentage point.

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On Monday, however, it was discovered that the representative would change his plea of not guilty to guilty. Collins will also be resigning from this congressional seat.

The congressman has long been a fan of President Donald Trump. In February of 2016, he became the first sitting member of congress to endorse Trump for the Republican nomination. He told CNN at the time, “We need a chief executive, not a chief politician.”

Prior to his arrest, Congresswoman Elise Slaughter (D-NY) had filed an ethics complaint against Collins. He said at time, She’s on a witch-hunt, she’s a despicable human being. You don’t go after another member of the House.”

After his arrest, Collins said, “The charges that have been levied against me are meritless and I will mount a vigorous defense in court to clear my name.” The congressman will now have to face the charges in court and the congressional seat will again be up for grabs.

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Donald Trump was infuriated when the charges were first levied against Collins. He wrote on Twitter, “Two long running, Obama era, investigations of two very popular Republican Congressmen were brought to a well publicized charge, just ahead of the Mid-Terms, by the Jeff Sessions Justice Department. Two easy wins now in doubt because there is not enough time. Good job Jeff.”


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